Monday, September 2, 2013
China Minzhong
China Minzhong: Following a married deal of 25.6m ordinary shares in the capital of China Minzhong, representing ~3.9% of the total number of issued shares, at the price of $1.12 per Share, Indofood Sukses now controls ~219.5m shares in the co, representing approximately 33.49% of the total issued Shares.
As a result of the acquisition and in accordance with the Singapore Code on Take-overs and Mergers, the Offeror will make a mandatory conditional cash offer for all the remaining shares of China Minzhong at an offer price of $1.12 / share.
Counter will release its trading halt at 3.30pm.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment